Coinbase Cancels its Lending Scheme | FTX Successfully Registered in the Bahamas
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Crypto News: 21st September 2021
BTG Pactual, a leading Brazilian investment bank, has launched a cryptocurrency trading software.
Coinbase has cancelled its proposal for a crypto lending scheme after receiving a warning from the Securities and Exchange Commission.
The Bahamas Securities Commission has approved FTX’s registration.
Big Decision has been taken by Binance as it will stop offering cryptocurrency futures and options in Australia.
Lamassu has unveiled a new kind of small bitcoin ATM machine.
A Tron-based exchange-traded product is set to debut on Europe’s largest stock exchange.
Technical Analysis
#BTC/USDT 4H TF ANALYSIS
BTC breaks down the head and shoulder pattern and we have seen a drop in the price of BTC and the price bounced back from the strong demand zone of $40.2K region.
Currently, the price is ranging between Mid Support and Resistance area and the volume is very less in that zone.
BTC dominance and Usdt dominance are also at strong supports and showing a slight bullish momentum and if it shows bullish strength then we may see a significant drop in the price of BTC and alts.
So considering all that scenarios in view, we have to wait for BTC to cross the marked resistance to continue its Impulsive waves and gives us a sign of the end of the correction.
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